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CME Daily Commentary (Livestock) - CME Daily Commentary: Livestock

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  • Disaster payments limited by appropriations

    American Farm Bureau economist John Newton says disaster and prevent plant compensation is limited by congressional appropriations. Speaking on a Missouri Farm Bureau conference call, Newton said […]

  • CoBank: Blockchain hurdles for commodity system

    Blockchain technology is not taking off in agriculture as some had expected. CoBank’s Tanner Ehmke says the shared supply chain technology is being used by Walmart to track leafy greens and by […]

  • Senate Ag Committee member says it’s time to crack down on EPA waivers

    A member of the Senate Ag Committee says it’s time to crack down on small oil refinery waivers. Minnesota Democrat Tina Smith tells Brownfield the RFS Integrity Act would force the EPA to be […]

  • USDA considering Dealer Statutory Trust

    The USDA is considering a program to protect livestock sellers if the buyer defaults. Chelsea Good with the Livestock Marketing Association says in the new farm bill, Congress directed the Ag […]

  • Demand uncertainties pressure hog futures

    At the Chicago Mercantile Exchange, live cattle closed lower on the weak cash trade and follow through selling.  Feeder cattle closed lower on the same factors with additional pressure from the […]

  • Minnesota farmer calls prevent plant “lesser of two evils”

    A southwest Minnesota farmer considers prevented planting the lesser of two evils in a way. Bob Worth of Lake Benton says soils have been too wet going back to last fall, and he estimates about half […]

  • RFS Integrity Act introduced in U.S. Senate

    Bipartisan legislation that addresses oil refinery waivers has been introduced in the U.S. Senate. Nebraska Republican Deb Fischer and Illinois Democrat Tammy Duckworth say the RFS Integrity Act […]

  • Broin: E15 is ‘a game changer for rural America’

    “A game-changer for rural America.” That’s how Jeff Broin, founder and CEO of ethanol producer POET, sees the approval of year-round E15. “This is going to open up seven […]

  • Milk futures, cash dairy mostly lower

    Milk futures on the Chicago Mercantile Exchange turned lower Friday as trade bought back oversold positions and cash trade weighed on prices. June unchanged at $16.31.  July down two cents at […]

  • Stabenow: “DMC sign up is a no brainer”

    House and Senate Ag Committee leaders are encouraging dairy farmers to sign up for the new Dairy Margin Coverage program June 17. Senate Ag Committee Ranking Member Debbie Stabenow of Michigan tells […]

  • Moniteau County Health Board Meeting

    Brownfield’s Julie Harker will be in California, Missouri on Monday, June 17 for the Moniteau County Health Board Meeting. The Board is proposing a health ordinance that addresses concentrated […]

  • Soybean management needs adjustment

    An extension educator says soybean yield losses could be as high as 40 percent compared to normal if farmers in the Great Lakes plant by July first. “By the time they’re planted, maybe on […]

  • Tyson ‘fully committed to meat business,’ but pursuing alternative protein market

    Tyson introduced its first plant-based meat product under the new Raised & Rooted label. Plant-based nuggets will be on store shelves in late summer. Blended burgers, made with beef and plants, […]

  • Closing Grain and Livestock Futures: June 14, 2019

    Jul. corn closed at $4.53, up 11 centsJul. soybeans closed at $8.96 and 3/4, up 8 and 3/4 centsJul. soybean meal closed at $323.50, up $1.80Jul. soybean oil closed at 27.61, down 41 pointsJul. wheat […]

  • Michigan Farm Bureau celebrates centennial with 2nd science lab

    Michigan Farm Bureau members are celebrating their centennial anniversary with the unveiling of a second mobile FARM science lab trailer. Michelle Blodgett, Michigan Ag in the Classroom manager, […]

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